The local governing body where your business is located must grant tax abatements. The Tippecanoe County Council, Lafayette City Council and the West Lafayette City Council have all demonstrated a willingness to help industrial companies grow through the use of tax abatement. Tax abatements are available for both manufacturing equipment (1 to 10 years) and for improvements to real estate (1 to 10 years.) For new projects that offer significant job growth with good wages, a company can anticipate the 10-year abatement options for both manufacturing equipment and buildings.

Guidelines for Lafayette Tax Abatement
Understanding Tax Abatement